Risk of New Electricity Price Shock – in the Wake of the Huge Ai Investment
2 Articles
2 Articles
The Swedish electricity grid faces major challenges as electricity-intensive industries seek to enter the market. If Brookfield's AI center is to become a reality in Strängnäs, state-owned Svenska kraftnät may be forced to build a new line from north to south. And with increased demand, electricity prices are expected to rise.
The Introduction of Artificial Intelligence Could Increase Electricity Prices for Swedish Households
Sweden's electricity transmission system is facing major challenges as many large consumers want more energy. One project on the drawing board is an artificial intelligence data center that Canadian company Brookfield Asset Management plans to build on the outskirts of Strängnäs, just over an hour's drive from Stockholm. It would have an installed capacity of 750 megawatts. That's enough to meet the needs of 320,000 homes. New demand in the regi…
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